Texas Pacific Land Q2 FY26 net income rises to $153.9 million; revenue climbs to $246.1 million

Reuters2026/08/05 21:18

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Texas Pacific Land posts Q2 net income of USD 153.9 million, up from USD 142.9 million in Q1; diluted EPS rises to USD 2.23 from USD 2.07.
Revenue climbs to USD 246.1 million from USD 236.8 million; oil and gas royalties rise to USD 145.6 million from USD 118.2 million.
Produced water royalties increase to USD 37.1 million from USD 33.5 million; water sales slip to USD 39.7 million from USD 46.9 million.
Oil and gas royalty production increases to 39,700 Boe/d from 37,100 Boe/d; average realized price rises to USD 42.17/Boe from USD 37.06/Boe.
New quarterly dividend of USD 0.60 a share declared; commissioning begins at Orla produced-water desalination test facility with 10,000 bbl/d capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Texas Pacific Land Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805467858) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Texas Pacific Land Q2 FY26 net income rises to $153.9 million; revenue climbs to $246.1 million

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